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Dec 15, 2012
12/12
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>> it is part of the fiscal cliff. the obamacare tax increases kick in next year. whether dividends, investment income why do we want to tax people investing? that is what we want. it is the wrong time to raise taxes on capital gains because that grows the economy. so some of the worst will come about because of obamacare. >> just like the top line revenues with the medical device it is making money right now. >> there is a myth it will come out of executive bonuses. the health care industry will pass the increase and run up the health care cost that is driving up the budget problem. >> the bill coming across the table with the bill for hurricane sandy to go to the victims yet surprisingly are not, $23 million for their tree planting, of $4 million for new cars for the fbi. $2 million for a roof at the smithsonian. do they think we're stupid? >> i was working in the senate to during katrina. it is a wasteful process. we gave the localities a blank check. that is proposed here. but so much of the $60 billion is not spending on individual family is but on another gov
>> it is part of the fiscal cliff. the obamacare tax increases kick in next year. whether dividends, investment income why do we want to tax people investing? that is what we want. it is the wrong time to raise taxes on capital gains because that grows the economy. so some of the worst will come about because of obamacare. >> just like the top line revenues with the medical device it is making money right now. >> there is a myth it will come out of executive bonuses. the...
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Dec 14, 2012
12/12
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FBC
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why aren't the market's reacting to the fiscal cliff next. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional invesrs choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible lo of principal. tracy: what is up with the market? with the threat of another recession you think the market would be in the toilet. we have the chief investment strategist with us. all the indices up over 4%? >> the market is realizing in january 1st is a false deadline not lake yankee's. we know that will not happen. but it seems like we will get a solution or a range from the grand bargain or kicking the can down the road. i think this this gold cliff is priced appropriately. tracy: before you said if we take a step back the companies have never been strong
why aren't the market's reacting to the fiscal cliff next. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional invesrs choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible lo of...
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Dec 16, 2012
12/12
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FBC
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it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from thecato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfounately, many of the tax increases, if we don't do something about taxes, i think it makes it harder to go back and extend any of the tax cuts next year. so we might find ourselves in the worst of both worlds. i still give it about a 5050 chance that tey come up with some sort of deal. but if they do, it won't be until christmas eve. tracy: for new year's eve at our? >> yes. tracy: most likely the deal will be extend middle-class tax cuts, wait until next year on the wealthy to discuss, basically we on everything until next year. when you do that, you know, you give up part of your bargaining power. should we come back in january and see a tax cut for the wealthy? >> re
it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from thecato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfounately, many of the tax increases, if we don't do something about taxes, i...
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Dec 17, 2012
12/12
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FBC
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why aren't the market's reacting to the fiscal cliff next. tracy: what is up with the market? with the threat of another recession you think the rket would be in the toilet. we have the chief investment strategist with us. all the indices up over 4%? >> the market is realizing in january 1st is a false deadline not lake yankee's. we know that will not happen. but it seems like we will get a solution or a range from the grand bargain or kicking the can down the road. i think this this gold cliff is priced appropriately. tracy: before you said if we take a step back the companies have never been stronger. >> you grew up in the business with stocks. with this terrible sentiment is great for stocks technically speaking the s&p looks good earnings estimates so by editor measures stocks are great. tracy: i worried about the earnings season? >> and seems 1/3 quarter will be the trough. not gain busters but we thought four 5% but then next year could be double digits. >> what is that? they cannot fall further? [laughter] >> i stay away from the money-center banks with balance sheet pr
why aren't the market's reacting to the fiscal cliff next. tracy: what is up with the market? with the threat of another recession you think the rket would be in the toilet. we have the chief investment strategist with us. all the indices up over 4%? >> the market is realizing in january 1st is a false deadline not lake yankee's. we know that will not happen. but it seems like we will get a solution or a range from the grand bargain or kicking the can down the road. i think this this gold...
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is set to launch itself off the fiscal cliff next. wealthy british style sun it's sometimes. hard. to see the. markets why not scandals. find out what's really happening to the global economy in these kinds of reports on . the gold fever. turnstyles it's good to see late my father but also a month others are involved in the mines and since i started working in the mine i studied the. same multi-nationals. basic cash trying to be milked dry at least i think that in this country gold medal as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals people in order to protect our lives our families and to work in peace. moves. we are forced to pay protection to illegal groups what's prices columbia going to pay. the people. the modest affect on our t.v. . do we speak your language or not advance. news programs and documentaries in spanish matters to you breaking news a little tonnage of angles keaton's stories. are you here. to ensure i'll teach spanish find out more visit. the for. fiscal cliff fiscal cliff fiscal cliff if you comp
is set to launch itself off the fiscal cliff next. wealthy british style sun it's sometimes. hard. to see the. markets why not scandals. find out what's really happening to the global economy in these kinds of reports on . the gold fever. turnstyles it's good to see late my father but also a month others are involved in the mines and since i started working in the mine i studied the. same multi-nationals. basic cash trying to be milked dry at least i think that in this country gold medal as an...
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is set to launch itself off the fiscal cliff next. to. the gold fever. turnstiles it's into slaves my father little son brother involved in the mines and since i started working in the mine i stated i look at it. says multinationals. is a cash cow to be milked dry and missed and i think that in this country gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. moves. we are forced to pay protection to illegal groups what's the price is colombia going to pay. the price of the modest effect on our t.v. . wealthy british style holds that's not on the ballot. in the. markets why not scandal and find out what's really happening to the global economy in these kinds of reports. please speak your language. programs and documentaries in arabic it's all here on. reporting from the world's hot spots fifty i p interviews an intriguing story to tell you here. and then try. to find out more visit our big teeth don't call
is set to launch itself off the fiscal cliff next. to. the gold fever. turnstiles it's into slaves my father little son brother involved in the mines and since i started working in the mine i stated i look at it. says multinationals. is a cash cow to be milked dry and missed and i think that in this country gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to...
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is set to launch itself off the fiscal cliff next. wealthy british style sign some time to. market why not come to. find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into kinds a report on. the news a secret laboratory to mccurdy was able to build a new its most sophisticated robot which will unfortunately doesn't give a dollar amount anything tunes mission to teach music creation why it should care about humans in green this is why you should care only dot com it's to. experience before theories words on the power of god. for my. they. make. the. fiscal cliff fiscal cliff fiscal cliff well if you completely fell off the mainstream news clip this week here's what you might have missed can you hear me now no more reindeer games in washington president obama and house speaker john boehner finally on speaking terms but the question is are they speaking each other's language when it comes to the fiscal cliff falling off the fiscal cliff into freefall is there a soft landing or not would i
is set to launch itself off the fiscal cliff next. wealthy british style sign some time to. market why not come to. find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into kinds a report on. the news a secret laboratory to mccurdy was able to build a new its most sophisticated robot which will unfortunately doesn't give a dollar amount anything tunes mission to teach music creation why it should care...
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is set to launch itself off the fiscal cliff next. who. who you. are you. know. who. the fuck outta. fiscal cliff fiscal cliff fiscal cliff if you completely fell off the mainstream news clip this week here's what you might have missed can you hear me now no more reindeer games in washington president obama and house speaker john boehner finally on speaking terms but the question is are they speaking each other's language when it comes to the fiscal cliff falling off the fiscal cliff into freefall is there a soft landing or not would it be the end of the world if washington failed to reach a deal to stop the more than half a billion dollars in spending cuts and tax increases from going into effect my next guest says the fiscal cliff is simply watch u.k. fare all over again which amounted to nothing as i recall i agree we're not going to go over the cliff will hug him you know new year's eve he will be out of the work. so basically lots of speculation and very little substance but i can't say i'm not surprised particular but when i look at the recent rhetoric from this
is set to launch itself off the fiscal cliff next. who. who you. are you. know. who. the fuck outta. fiscal cliff fiscal cliff fiscal cliff if you completely fell off the mainstream news clip this week here's what you might have missed can you hear me now no more reindeer games in washington president obama and house speaker john boehner finally on speaking terms but the question is are they speaking each other's language when it comes to the fiscal cliff falling off the fiscal cliff into...
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is set to launch itself off the fiscal cliff next. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to hope for asian to rule the day. fiscal cliff fiscal cliff you completely fell off the mainstream news clip this week here's what you might have missed can you hear me now no more reindeer games in washington president obama and house speaker john boehner finally on speaking terms but the question is are they speaking each other's language when it comes to the fiscal cliff falling off the fiscal cliff into freefall is there a soft landing or not would it be the end of the world if washington failed to reach a deal to stop the more than half a billion dollars in spending cuts and tax in
is set to launch itself off the fiscal cliff next. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to hope for asian to rule the day. fiscal...
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Dec 30, 2012
12/12
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CNNW
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>> no, the fiscal cliff deal, and what might they be arriving at in the next day or so? >> well, here is what we are hearing. i will believe none of it until i see it. >> right. >> the rates will go up for high income people, and we don't know how high income, president obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from the deadline. so we will see that, and we hope that they are going to put an amt patch in to protect the middle-class in from playing the wealth year for tax year 2012 yet, and we are totally running out of time on that one, and we have a bunch of tax extenders for businesses and individuals and they have expired and will they extend those? and the payroll tax will certainly expire and nobody is talking about that. the first pay xhek in jcheck in will be smaller regardless because of that. >> and you are so good at giving explanations for 99.8% of americans who are not accountants. but the amt patch will
>> no, the fiscal cliff deal, and what might they be arriving at in the next day or so? >> well, here is what we are hearing. i will believe none of it until i see it. >> right. >> the rates will go up for high income people, and we don't know how high income, president obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from...
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Dec 28, 2012
12/12
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CNBC
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falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't like
falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll...
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Oct 17, 2012
10/12
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KTVU
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edges over the fiscal cliff. that's next. fears about the so-called fiscal cliff are growing among big- time money managers. jeff glenzer, who represents the association for financial professionals, joins us this morning with the result of a new survey of around 1,000 financial leaders. good morning. what's the top economic concern? > > the top economic concern really is that fiscal cliff. that's coming up very quickly, and our members are very concerned about its impact if it's not addressed. 75% of them believe that if the fiscal cliff were to occur, that the economy overall would suffer, and 50% believe that their own businesses would suffer under those circumstances. > > how much of a role do money managers think the upcoming election will play? > > it's interesting, our survey doesn't really think it's the outcome of the election that matters so much as it is that they get past the election and the administration, whoever's administration that is, and congress, get back to washington and tackle tough issues like the fisc
edges over the fiscal cliff. that's next. fears about the so-called fiscal cliff are growing among big- time money managers. jeff glenzer, who represents the association for financial professionals, joins us this morning with the result of a new survey of around 1,000 financial leaders. good morning. what's the top economic concern? > > the top economic concern really is that fiscal cliff. that's coming up very quickly, and our members are very concerned about its impact if it's not...
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May 27, 2012
05/12
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CNBC
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fiscal cliff coming next year and i don't have a lot of confidence that anything really gets resolved prior to the election and that has a lot of uncertainty. spending patterns of businesses, spending patterns for consumers, it does still pose a problem. >> still in standstill mode, the whole fiscal cliff that larry brings up. we'll see the bush tax cuts expire, couple that with the fact that spending on certain projects will expire, whether it's unemployment benefits. discretionary spending, spending on infrastructure and people are worried this is a fiscal cliff. how do you think we get around that? >> the intense amount of uncertainty is going to happen between now and year end, because some of those points, maria, that you made, they take effect at the end of december, some of them in early january. what happens, we have the november elections, and so it also depends on whether president obama gets re-elected or we have a president elect romney. if it is the latter, then president elect will not be able to take any action before january anyway. so as a result of that, the uncertai
fiscal cliff coming next year and i don't have a lot of confidence that anything really gets resolved prior to the election and that has a lot of uncertainty. spending patterns of businesses, spending patterns for consumers, it does still pose a problem. >> still in standstill mode, the whole fiscal cliff that larry brings up. we'll see the bush tax cuts expire, couple that with the fact that spending on certain projects will expire, whether it's unemployment benefits. discretionary...
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goes over the fiscal cliff? >> markets i think would react very quickly. >> we'll talk to the woman who's keeping a close watch. my interview with imf chief christine lagarde is next. reti. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism s
goes over the fiscal cliff? >> markets i think would react very quickly. >> we'll talk to the woman who's keeping a close watch. my interview with imf chief christine lagarde is next. reti. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ at the chevy year-end event because chevy's giving more. more efficiency with sonic and...
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Dec 21, 2012
12/12
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CSPAN
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we will continue the conversation on the fiscal cliff and sequestration, what happens next? your calls and comments to paul broun and later rick larson as "washington journal." live coverage at 10:30 for the funeral services taking place here at the national cathedral. that is to pay tribute to senator daniel inouye. he has been in congress for more than 50 years. the president and vice president will pay tribute today at the washington national could trip -- cathedral. [video clip] >> he always had the moral courage to do the right thing. he had a compass that always directed him to his true north. a resolve to do a truly extraordinary things, things that few women or men ever contemplate or consider doing that. we all know on 1945, i had the privilege of being with him. we stopped with bob dole as well. they were on a mountain top, literally as the crow flies, i think it was only two miles on the same day, both mortally wounded in fighting for their country. just above the bridges above custody. because of danny's sense of honor, that is the only thin i can ascribe it to.
we will continue the conversation on the fiscal cliff and sequestration, what happens next? your calls and comments to paul broun and later rick larson as "washington journal." live coverage at 10:30 for the funeral services taking place here at the national cathedral. that is to pay tribute to senator daniel inouye. he has been in congress for more than 50 years. the president and vice president will pay tribute today at the washington national could trip -- cathedral. [video clip]...
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Nov 9, 2012
11/12
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CNBC
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will go over the fiscal cliff next year. the rating agency however says policymakers are likely to compromise in time to avoid most if not all potential economic effects of that. meanwhile nonpartisan cbo says if america does go over the cliff, the economy will return to a recession and unemployment will go over 9%. joining us now with the european perspective is an draw balls from pimco. andrew, good morning. we've spent so much time talking aboutdraw balls from pimco. andrew, good morning. we've spent so much time talking abouteaw balls from pimco. andrew, good morning. we've spent so much time talking aboutw balls from pimco. andrew, good morning. we've spent so much time talking about the fiscal cliff. what outcome do you view as most likely? >> the biggest risk is gridlock. we stau last summer when the u.s. was downgraded by one of the ratings agencies. so that's a big race. and related to that, even with the relatively benign outcome, this is a very difficult dispiriting process and kind pact confident business investm
will go over the fiscal cliff next year. the rating agency however says policymakers are likely to compromise in time to avoid most if not all potential economic effects of that. meanwhile nonpartisan cbo says if america does go over the cliff, the economy will return to a recession and unemployment will go over 9%. joining us now with the european perspective is an draw balls from pimco. andrew, good morning. we've spent so much time talking aboutdraw balls from pimco. andrew, good morning....
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Nov 27, 2012
11/12
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CNBC
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we're going to tell you how to minimize financial pain from the fiscal cliff next. >> and later, you give us a minute and a half, and we're going to tell you what to watch out for tomorrow morning. stick with us. when we got marri. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and me
we're going to tell you how to minimize financial pain from the fiscal cliff next. >> and later, you give us a minute and a half, and we're going to tell you what to watch out for tomorrow morning. stick with us. when we got marri. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule....
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May 16, 2012
05/12
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CNBC
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my observation on the fiscal cliff next. [ male announcer ] this... is the at&t network. a living, breathing intelligence teaching data how to do more for business. [ beeping ] in here, data knows what to do. because the network finds it and tailors it across all the right points, automating all the right actions, to bring all the right results. [ whirring and beeping ] it's the at&t network -- doing more with data to help business do more for customers. ♪ to help business do more for customers. recently, students from 31 countries took part in a science test. the top academic performers surprised some people. so did the country that came in 17th place. let's raise the bar and elevate our academic standards. let's do what's best for our students-by investing in our teachers. let's solve this. >> welcome back. we have breaking news from the imf. she is speaking on dutch tv. saying that the optimal solution for the euro zone is that greece agrees to the bailout and stays in the euro. making this news just moments ago on dutch television. optimal solution and greece agrees
my observation on the fiscal cliff next. [ male announcer ] this... is the at&t network. a living, breathing intelligence teaching data how to do more for business. [ beeping ] in here, data knows what to do. because the network finds it and tailors it across all the right points, automating all the right actions, to bring all the right results. [ whirring and beeping ] it's the at&t network -- doing more with data to help business do more for customers. ♪ to help business do more for...
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Nov 23, 2012
11/12
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CNBC
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i see clarity on the fiscal cliff next year and i see the housing market getting better around better and i think that's a positive. >> rick santelli, it wasn't just stocks rallying today. here in the u.s., europe had its best week of the year this week. the euro is at a three-week high. gold was very strong today. what's the market telling us right now? >> i think the market's telling us that there's a lot of bargain hunting and a lot of optimism towards europe. that made sense. i think that the issues of europe are far from cured. i don't think they can be cured. but i do think there's going to be large time gaps where investors hit the gas because the bureaucrats aren't necessarily hitting the brake. whether it's cyprus seems to be an issue. but it's strong. greece really isn't a huge issue but it really does represent kind of how the thinking goes for larger issues that europe has defaced. i found it fascinating, the dollar index closed down over a penny, even though had a strong gain on the week on the yen. it just goes to show you how that euro is so powerful this week and how i
i see clarity on the fiscal cliff next year and i see the housing market getting better around better and i think that's a positive. >> rick santelli, it wasn't just stocks rallying today. here in the u.s., europe had its best week of the year this week. the euro is at a three-week high. gold was very strong today. what's the market telling us right now? >> i think the market's telling us that there's a lot of bargain hunting and a lot of optimism towards europe. that made sense. i...
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Nov 15, 2012
11/12
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CNBC
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now down 53 on the dow. >>> our next guest says lost in way to avoid going over the fiscal cliff. he explains how he's preparing his portfolio for what he sees assen inevitability. >>> then alan simpson and erskine bowles will join me for an exclusive interview later on the clo"closing bell." join us for that at a the top of the next hour. back in a moment. ♪ [ female announcer ] today, it's not just about who lives in the white house, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> well, with about 35 minutes left in the trading session, if you're just joining us, want to get you caught up on the market today. the mood on wall street is much like in washington, indecisive. stocks are off session lows despite continued concerns about the fiscal cliff, the eurozone recession, all the usual suspects. right now the dow after a zigzag ki
now down 53 on the dow. >>> our next guest says lost in way to avoid going over the fiscal cliff. he explains how he's preparing his portfolio for what he sees assen inevitability. >>> then alan simpson and erskine bowles will join me for an exclusive interview later on the clo"closing bell." join us for that at a the top of the next hour. back in a moment. ♪ [ female announcer ] today, it's not just about who lives in the white house, it's about who lives in the...
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Jul 29, 2012
07/12
by
CNNW
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eye 92
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we're always dealing with the next fiscal cliff, the next need for quantitative easing. these are things that i have not opposed, but we always put these things on the front burner. >> these are not all emergency situations. consider the '90s. there have been times. the big problem at the end of the '90s and the early turn of this century was a budget surplus. we must not assume that the conditions that prevail today are the conditions that are going to prevail forever. >> there are long term problems. >> actually, there was a budget surplus. i'm afraid it was george bush who squandered that money and who embarked on two wars without a tax increase, which is not the american way. i think that ken has made a central point which to me is the counter to ali's storm warnings. for me, actually i am pretty bullish about the u.s. economy. and i'm bullish because of this energy revolution which is coming. i don't think that that is sort of fully taken into account in our economic discourse. but the shale gas is really going to transform the economics of the u.s. in the world eco
we're always dealing with the next fiscal cliff, the next need for quantitative easing. these are things that i have not opposed, but we always put these things on the front burner. >> these are not all emergency situations. consider the '90s. there have been times. the big problem at the end of the '90s and the early turn of this century was a budget surplus. we must not assume that the conditions that prevail today are the conditions that are going to prevail forever. >> there are...
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Nov 15, 2012
11/12
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KRON
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topic, the looming fiscal cliff where tax hikes and spending cuts kick in in the beginning of the year unless congress strikes a deal. >> i'm open to compromise and new ideas. >> we should not hold the middle class hostage while we debate tax cuts for the wealthy. >> reporter: the tone from capitol hill is mixed. >> the elections are over with, and this is an opportunity for us to turn the page. that means to the president of the united states has got to lead. >> reporter: mr. obama maintained his ideas for tackling budget problems are what earned him another term. >> i think every voter out there understood that that was an important debate. and the majority of voters agreed with me. >>> and david petraeus will testify on the terrorist attacks on the u.s. consulate in libya. am four people were killed. there had been some question about whether he would testify after he resigned friday. senator diane feinstein says he could appear before the senate intelligence committee as early as friday. >>> we're learning that the fbi agent responsible for triggering this whole investigation into
topic, the looming fiscal cliff where tax hikes and spending cuts kick in in the beginning of the year unless congress strikes a deal. >> i'm open to compromise and new ideas. >> we should not hold the middle class hostage while we debate tax cuts for the wealthy. >> reporter: the tone from capitol hill is mixed. >> the elections are over with, and this is an opportunity for us to turn the page. that means to the president of the united states has got to lead. >>...
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Jun 28, 2012
06/12
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KQED
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some real sharp words from the regulators in congress about the fiscal cliff. >> susie: that's a really important issue and we've been hearing that from chairman bernanke, but it's also very good to hear it directly from policy makers, that they are concerned about it. and again that one liner that if the fed can't do everything. >> tom: and clearly he's looking at the economy from atlanta and the southeast u.s., and you've got a big voice nationwide this year. >> susie: right, he is one of the voting members, there are four more meetings of the fed this year, so we'll be hearing from him and heel have a critical vote on what happens next in fed policy. so it was really great to have him for a one on one today. >> tom: you can see the transcript and watch the video on our website. s we'll see you tomorrow. >> susie: you as well tom. we'll see everyone online at: www.nbr.com and back here tomorrow night. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
some real sharp words from the regulators in congress about the fiscal cliff. >> susie: that's a really important issue and we've been hearing that from chairman bernanke, but it's also very good to hear it directly from policy makers, that they are concerned about it. and again that one liner that if the fed can't do everything. >> tom: and clearly he's looking at the economy from atlanta and the southeast u.s., and you've got a big voice nationwide this year. >> susie:...
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Dec 31, 2012
12/12
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FBC
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gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪ >> my new year's resolution is to keep going with my personal trainer. ♪ gerri: up next, some of those trillion dollar figures into perspective. the spending problem if it were your household budget. next. gerri: there is a reason we call this segment back of the envelope. we try to explain in plain english some of the more complicated financial issues. the big issue today, the fiscal cliff. and you may be asking yourself, why is this so important? what is so cataclysmic about our nation's finances that we need to implement these monster tax increases and make draconian spending cuts. well, if you want to understand the government and its problems, take a look at these numbers. let's start with tax revenue. these are the nation's tax revenues. what you have your is just over 2 trillion in income. that's all it is really. and look at these euros. a very big number. the spending i
gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪ >> my new year's resolution is to keep going with my personal trainer. ♪ gerri: up next, some of those trillion dollar figures into perspective. the spending problem if it were your household budget. next. gerri: there is a reason we call this segment back of the envelope. we try to explain...
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Jul 18, 2012
07/12
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MSNBCW
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the fed chief's latest gloomy forecast and that looming fiscal cliff, next. ♪ ♪ i want to go ♪ i want to win [ breathes deeply ] ♪ this is where the dream begins ♪ ♪ i want to grow ♪ i want to try ♪ i can almost touch the sky [ male announcer ] even the planet has an olympic dream. dow is proud to support that dream by helping provide greener, more sustainable solutions from the olympic village to the stadium. solutionism. the new optimism.™ ♪ this dream what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. ...more talk on social security... ...but washington isn't talking to the american people. [ female announcer ] when it comes to the future of medicare and social security, you've earned the right to know. ♪ ...so what does it mean for you and your family? [ female announcer ] you've earned the facts. ♪ washington may not like straight talk, but i do. [ female announcer ] and you've earned a say. get the facts and make y
the fed chief's latest gloomy forecast and that looming fiscal cliff, next. ♪ ♪ i want to go ♪ i want to win [ breathes deeply ] ♪ this is where the dream begins ♪ ♪ i want to grow ♪ i want to try ♪ i can almost touch the sky [ male announcer ] even the planet has an olympic dream. dow is proud to support that dream by helping provide greener, more sustainable solutions from the olympic village to the stadium. solutionism. the new optimism.™ ♪ this dream what ? customers...
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Nov 7, 2012
11/12
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KPIX
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most urgently a fiscal cliff looming next month. economists warn if congress doesn't reach a mix of all tax increases and spending cuts, the economy could fall back into recession. but the president is optimistic. >> despite all the frustrations of washington, i have never been more hopeful about our future. >> reporter: with high unemployment and a huge national debt, the president has the next four years cut out for him. he will be sworn in for the second term during a private ceremony on january 20. the main public event will be in the nation's capital the next day. reporting in chicago, i'm bigad shaban. now back to you. >>> thank you. a big win for governor brown and for california schools. prop 30 passed with 54% of the vote. it is a plan that will increase taxes on wealthy californians to help better fund schools. cbs 5 reporter anne makovec over in oakland now with reaction from some of the teachers and voters alike. anne. >> reporter: looks calm out here but you can bet there's a lot of celebration from administrators, teac
most urgently a fiscal cliff looming next month. economists warn if congress doesn't reach a mix of all tax increases and spending cuts, the economy could fall back into recession. but the president is optimistic. >> despite all the frustrations of washington, i have never been more hopeful about our future. >> reporter: with high unemployment and a huge national debt, the president has the next four years cut out for him. he will be sworn in for the second term during a private...
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Sep 12, 2012
09/12
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CNBC
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he's not that worried about falling off the fiscal cliff, though. marty will sxlain next. and then a new report lays out just how much the financial crisis cost taxpayers. you won't believe the staggering bill. back in a moment. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the e-trade
he's not that worried about falling off the fiscal cliff, though. marty will sxlain next. and then a new report lays out just how much the financial crisis cost taxpayers. you won't believe the staggering bill. back in a moment. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see...
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May 3, 2012
05/12
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CNBC
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fiscal cliff thing is going to be something on everybody's tongue over the next six to nine months. a scary development. >> it becomes a political issue for sure. >> peter orszag was on. >> i saw that. >> he thinks that there's not going to be a deal before the end of the year and that we're going to go into 2013 with all of this nasty stuff happening, which could really cause a lot of turmoil. >> it's going to be an election. jeff, thank you. for more on jeff's story check out cnbc.com and look for what's this fiscal cliff, anyway? do i need to worry? again, on cnbc.com. thank you, jeff. >>> it's one of the bigger problems facing your financial future. talking retirement. face it, social security is under threat, traditional pension is under threat, even life expectancy has become a crisis. excuse me. we are living longer. just take a look at these numbers. 35 million americans are expected to retire in the next ten years. mostly the boomers, putting to today's annual retirement survey, by blackrock, shortfall. talk solutions with blackrock chip, one of the authors along a with ann
fiscal cliff thing is going to be something on everybody's tongue over the next six to nine months. a scary development. >> it becomes a political issue for sure. >> peter orszag was on. >> i saw that. >> he thinks that there's not going to be a deal before the end of the year and that we're going to go into 2013 with all of this nasty stuff happening, which could really cause a lot of turmoil. >> it's going to be an election. jeff, thank you. for more on jeff's...
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Nov 30, 2012
11/12
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CNBC
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smart strategies next on how to play the fiscal cliff talks and the jobs report next week, if you dare. >>> plus, it's one of life's biggest questions. no, not what's the meaning of life or why are we here or what do women want. but how do you -- how much do you need to be happy? money wise? our robert frank says he knows. robert? >> thanks, tyler. i'm pretty sure the folks that just won that powerball jackpot are feeling pretty good right now. but you don't have to win the lottery to feel happy or wealthy. we'll tell you how much it really takes for both after the break. >>> in october 2004, our nation debt was $7.4 trillion. today that number has more than doubled to over $16 trillion. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. when you take a closer look... ...at the
smart strategies next on how to play the fiscal cliff talks and the jobs report next week, if you dare. >>> plus, it's one of life's biggest questions. no, not what's the meaning of life or why are we here or what do women want. but how do you -- how much do you need to be happy? money wise? our robert frank says he knows. robert? >> thanks, tyler. i'm pretty sure the folks that just won that powerball jackpot are feeling pretty good right now. but you don't have to win the...
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Oct 4, 2012
10/12
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FOXNEWSW
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what it has to do with the so-called "fiscal cliff" is next. three weeks after the murders of the united states ambassador and three other americans, the f.b.i. makes a quick visit to the scene of the crime. the latest on that investigation. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...bone is for a clean,o go wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>trace
what it has to do with the so-called "fiscal cliff" is next. three weeks after the murders of the united states ambassador and three other americans, the f.b.i. makes a quick visit to the scene of the crime. the latest on that investigation. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...bone is for a clean,o go wedomestic energy future that puts us in...
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Jul 6, 2012
07/12
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MSNBC
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if we were to go over this fiscal cliff, it's a different discussion, but it means certain things have to happen on both the tax and spending side when the next president or if it's this president starts his second term in january. i think at that point, if enough grown-ups are in the room, there is the potential to do something in the short-term, of the kinds that i've been talking about. whether it's infrastructure, whether it's fiscal relief to the states, i think those are all good ideas. let me just tack on to one thing peter said. you asked me what i could do if i were king -- one thing i could do is to make sure that we have some regulation and some oversight. here's a hat tip to our old friend, dylan ratigan, in the banking sector. because the way this thing is going, it's like the amnesia is kicking in big-time and people are already forgetting about the instability in the financial sector. >> we'll have to leave it there. >>> next, you've heard the numbers, now let the spin begin. the politics and the personal impact of america's hard times. it's all ahead as this cycle rolls
if we were to go over this fiscal cliff, it's a different discussion, but it means certain things have to happen on both the tax and spending side when the next president or if it's this president starts his second term in january. i think at that point, if enough grown-ups are in the room, there is the potential to do something in the short-term, of the kinds that i've been talking about. whether it's infrastructure, whether it's fiscal relief to the states, i think those are all good ideas....
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Nov 28, 2012
11/12
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cliff. >>> next stop, the white house later this afternoon. good afternoon, everybody. i'm tyler mathisen. it is a big day in this national discussion about how washington can avoid the fiscal cliff. some of the senators in the center of the debate will be stopping by. we may hear from some ceos this hour. we do expect to hear from some of them at a press conference later this hour. the president, by the way, weighed in on the debate this morning as well. sue, a busy day down here in washington. >> it sure is, ty. indeed it is here as well. we are going to be joined by a very special guest, noted author and investor nassem taleb. after dropping more than 100 points in the early going, the dow sittingality the highs of the day. it's been an extremely volatile trading session, we're up just about 80 points or so. bob pisani joins me from the floor of the nyse. bob, they're parsing every word coming out of capitol hill and house speaker boehner giving a boost to the markets a bit ago. >> he did. he is a little more optimistic. but we're being blo
cliff. >>> next stop, the white house later this afternoon. good afternoon, everybody. i'm tyler mathisen. it is a big day in this national discussion about how washington can avoid the fiscal cliff. some of the senators in the center of the debate will be stopping by. we may hear from some ceos this hour. we do expect to hear from some of them at a press conference later this hour. the president, by the way, weighed in on the debate this morning as well. sue, a busy day down here in...
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Dec 23, 2012
12/12
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KICU
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the president said he plans to return to washington next week because of the so-called fiscal cliff. legislators left washington without a deal that would avoid cutting government services on january 1st. >> a portion of interstate 80 heading to the sierra was shut down today after a series of storm related spinouts. the highway patrol shut the highway down this morning from colfax to the nevada state line. this is what it looked like this afternoon where you see a detour prompting cars to exit the freeway and turn around. at times the interstate looked more like a parking lot. >> try to get to tahoe for christmas and we saw a small sign that says road closed and thought day were kidding. but they weren't. >> the interstate eventually reopened this afternoon, the most powerful winter storm of the season is on track to drop as much as 5 feet of snow on top of the sierra. here's what it looked like earlier at squaw valley. as much as 12 inches of snow is forecast for the foot hills around reno, carson city. >> the highway patrol is looking for the driver who crashed an suv in oakland t
the president said he plans to return to washington next week because of the so-called fiscal cliff. legislators left washington without a deal that would avoid cutting government services on january 1st. >> a portion of interstate 80 heading to the sierra was shut down today after a series of storm related spinouts. the highway patrol shut the highway down this morning from colfax to the nevada state line. this is what it looked like this afternoon where you see a detour prompting cars...
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Mar 19, 2012
03/12
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if we don't get our act together, the economy could fall off a fiscal cliff next year. that's acorcording to our next guest, alan blinder. he writes in a well-read op-ed in "the wall street journal," the u.s. cruises towards a 2013 fiscal cliff. well, i sure agree tax hikes will sink the economy, but i think spending cuts would help confidence and economic growth. here now to make his case is an old friend of the show, alan blinder, distinguished professor of economics at princeton university. alan, as always, welcome back to the program. >> hello, larry. >> before i get to tax hikes, i gist want to ask you because i don't understand. i think spending cuts, spending restraint, limited government, across the board, cuts just what the doctor ordered for confidence and economic growth. why do you oppose them? >> well, it depends what "they" are. there are a lot of things we don't want to cut and things we should cut. back to you, how will you get members of congress to agree on the list? >> they've already got the list. you've got $30 billion scheduled for january alan, if
if we don't get our act together, the economy could fall off a fiscal cliff next year. that's acorcording to our next guest, alan blinder. he writes in a well-read op-ed in "the wall street journal," the u.s. cruises towards a 2013 fiscal cliff. well, i sure agree tax hikes will sink the economy, but i think spending cuts would help confidence and economic growth. here now to make his case is an old friend of the show, alan blinder, distinguished professor of economics at princeton...
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Jun 1, 2012
06/12
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how do you see the policymakers looking at the fiscal cliff? the drum beet over the fiscal cliff has gotten louder oaf the last couple days from policymakers. do they have a response to it? businesses are paralyzed not knowing what's going to happen next year. >> it is like this. they close one eye and tilt their head, are you kidding me? we are coming through one of the worst recessions and lackluster recoveries and you guys are going to do this? i think if we can get them their actual reaction it would be like, come on, guys. the fed is doing all of the work when it comes to the economy. the fiscal side has stopped and now you're telling me it is going to get worse. that's what i think the fed guys are going to say. >> steve, thank you for breaking that down. b.k., while you are at it, give us a trade based on what steve is talking about. you can react to what whitney tilson said as well. >> yeah, i think there's a couple trades out there. it is tough to buy on days like today, but i think what the action is showing us is that one, the fed is
how do you see the policymakers looking at the fiscal cliff? the drum beet over the fiscal cliff has gotten louder oaf the last couple days from policymakers. do they have a response to it? businesses are paralyzed not knowing what's going to happen next year. >> it is like this. they close one eye and tilt their head, are you kidding me? we are coming through one of the worst recessions and lackluster recoveries and you guys are going to do this? i think if we can get them their actual...